As per NSE’s circular, Aditya Birla Fashion and Retail Limited (ABFRL) has announced the demerger of the company.
In light of the above, all existing F&O contracts of ABFRL with expiry dates of 29-May, 26-Jun, and 31-Jul will now be expiring on 21-May-25. Clients will not be able to create new positions in this scrip starting 20-May-25. They will only be able to exit the position from the aforementioned date.
If you have any existing open positions in these contracts, kindly take the following steps:
- Maintain 100% of the contract value on or before 21-May-25 to avoid RMS square-off and/or margin shortfall penalty.
- Square off any existing open positions by 21-May-25 to avoid physical settlement and/or margin shortfall penalty.
The ABFRL F&O Contracts for the above expiry dates will be reintroduced for trading on 22-May-25. The list of option strikes from which specific strike prices would be made available for these contracts will be communicated via a separate circular to be issued on 21-May-25 post-market hours.
